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Research and development in consolidation

ASArya Singh3y ago
Sir there is a question in BPP, Highveldt co. it has an adjustment of research and development. could you please explain the working, I can't understand it.
P2-D2P2-D2Tutor3y ago#1
Hi, R&D is capitalised on acquisition at fair value on acquisition and then amortised over its useful life (IFRS 3). See if that helps you with the answer and let me know if you need more help. Thanks
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